Scottish city named the cheapest for first-time buyers

Aberdeen took the top spot, while one Dundee also made it into the top 10.

Meanwhile another Scottish city made the opposite list, with Edinburgh dubbed one of the most expensive cities for those looking to join the property ladder.

Rightmove’s property expert Tim Bannister said: “These latest figures highlight why so many people remain determined to get onto the ladder, as the soaring costs of renting has meant buying has remained attractive even with higher mortgage rates.

"Longer mortgage terms are becoming more common as a way to improve overall affordability and reduce monthly payments, though first-time buyers should be aware of what they are paying in interest compared with their actual mortgage.

Aberdeen and Dundee were ranked among the cheapest places in the UK for first-time buyers (Image: Getty)

"Without improvements to the supply of good quality, affordable rental homes in Great Britain, owning your own home is likely to continue to be the end-goal for those that can get their deposit together, and borrow what they need from a mortgage lender.”

Aberdeen named the cheapest city in the UK for first-time buyers

Aberdeen in the north east of Scotland has been named the cheapest city in the UK for first-time buyers by Rightmove.

Dundee was ranked the seventh cheapest city in the UK for first-time buyers with the average asking price for a two-bedroom home being around £117,000.

Other towns and cities across the UK were named on the list with places like Bradford, Sunderland and Carlisle making the top five.

Edinburgh was named one of the most expensive cities for first-time buyers (Image: Getty)

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Edinburgh was the only Scottish city to be named among the most expensive places for first-time buyers.

The capital ranked as the 10th most expensive location with an average asking price of around £239,000.

The Rightmove research found that the average deposit size in Scotland and Wales was 20% while the deposit paid by those in England averaged around 25%.

Aberdeen was also named one of the cheapest places in the UK to rent a property with an average monthly rent of £775.